1/ Everyone's looking for the right DEX after FTX shitshow
If you missed $GMX at 10$, Don't sleep on $GNS 🚨
→ 8,550 Holders
→ Arbitrum Launch #soon
→ 500K$ weekly fees
$YDF $BFR $GMX $GNS $MVX $PALM
Here's everything you need to know
↓🧵 @GAINSnetwork
If you missed $GMX at 10$, Don't sleep on $GNS 🚨
→ 8,550 Holders
→ Arbitrum Launch #soon
→ 500K$ weekly fees
$YDF $BFR $GMX $GNS $MVX $PALM
Here's everything you need to know
↓🧵 @GAINSnetwork
@GAINSnetwork 2/ Abstract 📜
While the crypto market run aways from CEXs, Decentralized Exchanges are doing crazy numbers 📈
The Real Yield family spread through @0xPolygon and @arbitrum is munching Xs non stop
Let's go over how $GNS work and why it could go places!
👇🧵
While the crypto market run aways from CEXs, Decentralized Exchanges are doing crazy numbers 📈
The Real Yield family spread through @0xPolygon and @arbitrum is munching Xs non stop
Let's go over how $GNS work and why it could go places!
👇🧵
@GAINSnetwork @0xPolygon @arbitrum 3/
TL;DR 🎙️
@GainsNetwork_io is a decentralised exchange offeing more than 77 trading pairs from crypto, stocks and forex
It's capital efficient and user-friendly 😌
TL;DR 🎙️
@GainsNetwork_io is a decentralised exchange offeing more than 77 trading pairs from crypto, stocks and forex
It's capital efficient and user-friendly 😌
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 4/
$GNS Overview:
Price: $3.68
Market Cap: 107m
TVL: $25m
Capped supply @: 100m $GNS
Circulating Supply: 29.2m $GNS
$GNS Overview:
Price: $3.68
Market Cap: 107m
TVL: $25m
Capped supply @: 100m $GNS
Circulating Supply: 29.2m $GNS
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 5/
What I'll cover in this thread:
❎ What's $GNS?
❎ gTrade
❎ Tokenomics and Real Yield
❎ NFTs
What I'll cover in this thread:
❎ What's $GNS?
❎ gTrade
❎ Tokenomics and Real Yield
❎ NFTs
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 6/
@GainsNetwork_io is a decentralised exchange based on the @0xPolygon network
It's very similar to $GMX in the way it operates and has its layer base on $DAI and $GNS strategies 📝
@GainsNetwork_io is a decentralised exchange based on the @0xPolygon network
It's very similar to $GMX in the way it operates and has its layer base on $DAI and $GNS strategies 📝
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 7/
It's a very user-friendly exchange to use and has a high efficiency for capital management 💼
There are plans to move on @arbitrum as well in the close fut ure to catch more volumes, while already quite on the rise📈
It's a very user-friendly exchange to use and has a high efficiency for capital management 💼
There are plans to move on @arbitrum as well in the close fut ure to catch more volumes, while already quite on the rise📈
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 8/
gTrade 💱
$GNS main service is called gTrade
while being on $MATIC slowed it down in comparison to its competitors, it's enjoying the current trend of Real Yield on Polygon, before moving to @arbitrum next week
gTrade 💱
$GNS main service is called gTrade
while being on $MATIC slowed it down in comparison to its competitors, it's enjoying the current trend of Real Yield on Polygon, before moving to @arbitrum next week
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 9/
What it offers?
Market and Limit Orders ✔️
→ Crypto, up to 150x Lev 🎲
→ Forex, up to 1000x lev 🎲
→ Tokenised stocks: up to 100x lev 🎲
What it offers?
Market and Limit Orders ✔️
→ Crypto, up to 150x Lev 🎲
→ Forex, up to 1000x lev 🎲
→ Tokenised stocks: up to 100x lev 🎲
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 10/
In true Real Yield style, a large chunk of the fees are redirected to stakers, both for $GNS and $DAI (more on that later) ♻️
Eg, 40% market orders fees and 15% limit orders fees go entirely to stakers
In true Real Yield style, a large chunk of the fees are redirected to stakers, both for $GNS and $DAI (more on that later) ♻️
Eg, 40% market orders fees and 15% limit orders fees go entirely to stakers
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 11/
→ There are about 77 pair among all the crypto, forex and stock, beating by a huge margin the 10 crypto pairs offered by its main competitor $GMX 💱
You can chek them all here
gains-network.gitbook.io/docs-home/gtra…
→ There are about 77 pair among all the crypto, forex and stock, beating by a huge margin the 10 crypto pairs offered by its main competitor $GMX 💱
You can chek them all here
gains-network.gitbook.io/docs-home/gtra…
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 12/
Tokenomics 🥧📊
Supply cap: 100m $GNS This will most likely never be reached though
Initial supply: 38,5m $GNS
Total supply: Dynamic thanks to buybacks and deflationary politics ➡️ 25% of the initial supply burnt in a year
Tokenomics 🥧📊
Supply cap: 100m $GNS This will most likely never be reached though
Initial supply: 38,5m $GNS
Total supply: Dynamic thanks to buybacks and deflationary politics ➡️ 25% of the initial supply burnt in a year
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 13/
The $GNS token support liquid efficiency minting rewards for $GNS / $DAI providers and NFT bots, basically supporting its overcollateralization ⚖️
→ It gets burnt when it's overcollateralized enough, currently at 130%
The $GNS token support liquid efficiency minting rewards for $GNS / $DAI providers and NFT bots, basically supporting its overcollateralization ⚖️
→ It gets burnt when it's overcollateralized enough, currently at 130%
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 14/
This is the core of the Real Yield mechanics of this platform
It's a balanced way to give good rewards without hyperinflating the utility token, that also works as the governance token
This is the core of the Real Yield mechanics of this platform
It's a balanced way to give good rewards without hyperinflating the utility token, that also works as the governance token
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 15/
There are 3 yield revenues you can partake in as a user/investor:
▶️A $DAI vault that collects traders' losses
▶️$GNS staking
▶️$GNS / $DAI LP
The first 2 earn $DAI rewards, while the LP gives you $GNS and dQUICK rewards
There are 3 yield revenues you can partake in as a user/investor:
▶️A $DAI vault that collects traders' losses
▶️$GNS staking
▶️$GNS / $DAI LP
The first 2 earn $DAI rewards, while the LP gives you $GNS and dQUICK rewards
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 16/
$GNS NFTs 🔷
@GainsNetwork_io has released a limited supply of 1500 NFTs with 5 tiers of rarity
Holding them reduces the spread when trading, based on rarity
$GNS NFTs 🔷
@GainsNetwork_io has released a limited supply of 1500 NFTs with 5 tiers of rarity
Holding them reduces the spread when trading, based on rarity
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 17/
→ They can also be used to boost LP and Staking rewards, again, based on their tier 👑
→ And another interesting thing they can do is start a liquidation bot 🤖
→ They can also be used to boost LP and Staking rewards, again, based on their tier 👑
→ And another interesting thing they can do is start a liquidation bot 🤖
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 18/
Anyone holding at least 1 NFT can start a liquidation bot and earn 5% of the liquidated collateral
You can boost this process stacking up to 3 NFTs
More detailed info on the bot-running process here
gains-network.gitbook.io/docs-home/help…
Anyone holding at least 1 NFT can start a liquidation bot and earn 5% of the liquidated collateral
You can boost this process stacking up to 3 NFTs
More detailed info on the bot-running process here
gains-network.gitbook.io/docs-home/help…
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 19/
Last but not least, reminder that the @arbitrum migration is coming, how big will it be for the volume on this already excellent protocol 💎
Last but not least, reminder that the @arbitrum migration is coming, how big will it be for the volume on this already excellent protocol 💎
https://twitter.com/GainsNetwork_io/status/1586107130649747457
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 20/
→ deflationary politics and the buybacks ♻️
The team left a capped supply at 100m, but since the inital supply of 38,5m $GNS, more than 8m tokens have actually been burned🔥
→ deflationary politics and the buybacks ♻️
The team left a capped supply at 100m, but since the inital supply of 38,5m $GNS, more than 8m tokens have actually been burned🔥
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io 21/
Official
@GainsNetwork_io
Threadorrsss and community
@VirtualKenji
@RobinHoodRiches
@cryptocevo
@StrudelEth
@PepesCryptoCave
@nusaxe
@Wahndo_
@LouisCooper_
@0xTindorr
@ZoomerOracle
Official
@GainsNetwork_io
Threadorrsss and community
@VirtualKenji
@RobinHoodRiches
@cryptocevo
@StrudelEth
@PepesCryptoCave
@nusaxe
@Wahndo_
@LouisCooper_
@0xTindorr
@ZoomerOracle
@GAINSnetwork @0xPolygon @arbitrum @GainsNetwork_io @VirtualKenji @RobinHoodRiches @cryptocevo @StrudelEth @PepesCryptoCave @nusaxe @Wahndo_ @LouisCooper_ @0xTindorr @ZoomerOracle 22/
That was it for this thread 🧵
You know the drill 🫡
Follow me @RiddlerDeFi for more alpha 🧠
Best way to support if to simply drop a RT + LIKE on the #1 tweet of this thread 🖤
That was it for this thread 🧵
You know the drill 🫡
Follow me @RiddlerDeFi for more alpha 🧠
Best way to support if to simply drop a RT + LIKE on the #1 tweet of this thread 🖤
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